Horseway Energy Ltd
08909433
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/06/2025
small
Next accounts due
31/03/2027
Confirmation statement
Last: 25/02/2026
Due 11/03/2027
Industry
Officers
director · Since 14/04/2014
FARMER
BRITISH · ENGLAND · Age 65
Also on 5 other boards
director · Since 14/04/2014
FARMER
BRITISH · ENGLAND · Age 61
Also on 3 other boards
secretary · Since 08/03/2018
Charges2 outstanding
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 507+ SIC 35110 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
stated on page 5 these events and conditions along with other matters set forth indicate that a material uncertainty that may cast significant doubt over the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. 12. RELATED PARTY DISCLOSURES The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'T
Key FinancialsYear ending 30/06/2025
Net Worth
£1.9M
Balance sheet strength
Cash
£560k
Cash in the bank
Net Current Assets
£844k
Working capital
Current Assets
£1.1M
Current Liabilities
£282k
Fixed Assets
£1.3M
Debtors
£311k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.99 | -£1.7M |
| 2024 | 15.11 | +£417k |
| 2023 | 8.02 | +£413k |
| 2022 | 16.67 | +£273k |
| 2021 | 6.98 | -£73k |
| 2020 | 5.57 | -£124k |
| 2019 | 26.64 | — |
Derived from filed accounts. Not audited figures.